Index Trend Analysis Report
Prepared for you on Tuesday, September 17, 2019.
S&P 500 VIX Short-Term Index Excess Return MCAP (CME:SPVIXSTER)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for SPVIXSTER
The long term trend has been DOWN since Feb 12th, 2019 at 46.276
The intermediate term trend has been DOWN since Sep 6th, 2019 at 36.070
The short term trend has been DOWN since Aug 29th, 2019 at 40.564
Smart Scan Analysis for SPVIXSTER
Based on a pre-defined weighted trend formula for chart analysis, SPVIXSTER scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||96.94||52wk High Date||2018-02-05|
|52wk Low||35.48||52wk Low Date||2018-09-18|